The bulk modulus of a liquid is \( 3 \times 10^{10} Nm ^{-2} \). The pressure required to reduce the volume of liquid by \( 2 \% \) is
(A) \( 3 \times 10^{8} Nm ^{-2} \)
(B) \( 9 \times 10^{8} Nm ^{-2} \)
(C) \( 6 \times 10^{8} Nm ^{-2} \)
(D) \( 12 \times 10^{8} Nm ^{-2} \)